
Binance Swaps CFO Days After $6.3B Hack
Binance has named Justin Yek as chief financial officer, replacing Kaiser Ng just nine days after hackers stole roughly $6.3 billion from the exchange on October 29, the largest crypto theft on record. Binance says the leadership change was planned more than six months ago and has nothing to do with the breach. The exchange has already replenished 98% of the affected token assets, according to its November 3 update. Yek, previously a finance executive at Airwallex, takes over as Binance tries to show the hack hasn't shaken its books. $BTC